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HomeMy WebLinkAboutRESOLUTIONS - 12181984 - 84-780 (2) THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on December 18, 1984 , by the following vote: AYES: Supervisors Powers , Fanden, Schroder , McPeak , Torlakson NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO . 84/761 -------------------------------------------------------------------- -------------------------------------------------------------------- SUBJECT: Waiving the County' s Claims for State Reimbursement of Sales and Use Tax Revenues WHEREAS Section 6010 . 11 has been added to the Revenue and Taxation Code by passage of Assembly Bill 2504 in the 1983- 1984 regular session of the California Legislature which exempts from the definition of "sale" and "purchase" for the purpose of sales and use taxes any transfer of a qualified mass-commuting vehicle pursuant to a safe-harbor lease arrangement as described in Section 163(f) (8) of the Internal Revenue Code of 1954 , as amended . WHEREAS Assembly Bill 2504 provides that such exemption shall apply only to those transfers of qualified mass-commuting vehicles which occur within a county in which the Board of Supervisors of that county adopts a resolution that waives the county' s claims for State reimbursement of sales and use tax revenues lost by it as a result of such exemption . IT IS RESOLVED AND ORDERED by the Board of Supervisors of the County of Contra Costa as follows: Section 1 . Waiver of County Claim for State Reimbursement As required by Section 2 of Assembly Bill 2504 in the regular session of the 1983- 1984 California Legislature , the County of Contra Costa hereby waives its right to reimbursement pursuant to Section 2230 of the Revenue and Taxation Code or otherwise of any claims to reimbursement of sales and use tax revenues lost by it as a result of the exemption provided by Section 6010. 11 of the Revenue and Taxation Code added by such Assembly Bill . Section 2. This Resolution shall take effect at such time as Assembly Bill 2504 is signed by the Governor and becomes law . 1,hereby sonify that this is a true and correct copy of En action taken and ontered on the minutes of the Board of Supervisors on the date shown. cc: CCC Transportation Authority ATTFEST : 1AM /8 County Administrator Auditor-Controller Petit_ BA7CHELQK. C:erk of Yh:Board Treasurer-Tax Collector of Supervisors and County Administrator BY . Deputy 00 166 RESOLUTION NO . 84/761